§
Resolution reported:
That it is expedient to authorise the Treasury to make advances not exceeding £1,000,000, so that the sum total of free grants and outstanding loans shall not at anyone time exceed £1,000,000, under any Act of the present Session, to facilitate the construction of Light Railways in Great Britain, and for that purpose to borrow from the National Debt Commissioners the sums that may be required, such sums to be repaid out of moneys to be provided by Parliament, and, if those moneys are insufficient, out of the Consolidated Fund; and also to authorise the payment, out of moneys to be provided by Parliament, of the salary, remuneration, and expenses of the Light Railway Commissioners, and the expenses of the Board of Trade under the said Act.
§ Resolution agreed to.